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Search Results 0 to 6 of about 7 (some duplicates have been removed)
ABC
Oct 2, 2012 2:35am EDT
-called fiscal cliff biened of the year. the tax policy center says taxes for almost 90%, 90% will go up by average of $3,500 with increases half a trillion dollars. automatic tax increases and deep spending cuts would kick in if the country goes over the fiscal cliff. >>> that is significant. look at some numbers. just, throw out numbers look that. doesn't really, doesn't really relate. can't put your mind around it. a married couple with two kids income of $100,000 would pay more, $6,000 more. and then, if some of the child deductions, obama's payroll tax cut, isn't renewed, you won the get tax breaks for each child as well. >> stiffest increases in the history. a big deal. we got to this point because of the super committee, bipartisan committee, did not get the job done. did not come up with a deal. this is what will trigger the fiscal cliff by the end of this year. so, no matter what happens november 6th. they got to get this done before 2013 gets here. >> you got to think they're going to. >> another showdown. the tenth time. >> we need one. >> moving on this morning. another major
ABC
Oct 2, 2012 2:35am EDT
tax cut, isn't renewed, you won the get tax breaks for each child as well. >> stiffest increases in the history. a big deal. we got to this point because of the super committee, bipartisan committee, did not get the job done. did not come up with a deal. this is what will trigger the fiscal cliff by the end of this year. so, no matter what happens november 6th. they got to get this done before 2013 gets here. >> you got to think they're going to. >> another showdown. the tenth time. >> we need one. >> moving on this morning. another major credit card company is going to pay up to seattle, to settle claims of illegal practices. american express will refund $85 million to 250,000 customers out there. and amex accused of violating federal laws in marketing and billing. the company will pay million in fines. similar claims, were settled with capital one and discover. >>> well a decorated philadelphia police officer is facing brutality charges after punching a woman attending a parade. the confrontation was captured on video sunday. it is going to happen on the left side of the screen
ABC
Oct 4, 2012 1:40am PDT
is still short on details on a few key things, health care plan, his tax care plan, as well as as frank-dodd. did he score any points as far as romney being a blank canvas? >> there were a few vulnerabilities when you talked about entitlements, tax plans, he has to square these numbers. he dug himself some holes, that the obama campaign can dig him into even more. it's going to be difficult for him to square those things in a future debate. i think there is possible areas of opportunity there. this was not something that even the most dedicated partisans can paint as a good night for president obama. >> you know it's a bad night if opinions are that uniform, huh? >> exactly. the next presidential debate, tuesday, october 16th. >> thank you, rick. >> thanks. >> thank you, guys. >>> our coverage of the debate does not end here. we'll take you live to denver, during "america this morning" and also during "good morning america," as well, as a wrap-up and further analysis. look for political insight any time always at abcnews.com. >>> turning overseas, tension is running high this morning al
ABC
Oct 2, 2012 1:40am PDT
more than half a trillion dollars, automatic tax increases and deep spending cuts would kick in if the country goes over that fiscal cliff. >> that's significant. you look at some of these numbers. just you throw out numbers like test you throw out numbers like you can't put your mind around it. a married couple with two kids inc00 more, $6,000 more almost. and then if some of the child deductions, obama's payroll tax cut isn't renewed, you won't get tax breaks for each child as well. >> one of the steepest increases in history of the country. a big deal. remember, we got to this point because the super committee, bipartisan committee did not get the job done, they did not come up with a deal. this is what will trigger the fiscal cliff by the end of this year. so, no mattewhat they got to get thie be cf1p201. >>> moving on this morning, another major credit card company is going to pay up to company is goingresnd $ up to million to 250,000 customers out there. and amex accused of violating federal laws in marketing and billing. the company will also pay $27.5 million, similar
ABC
Oct 3, 2012 2:35am EDT
was speaking about romney's economic plans when he said this -- >> how they can justify raising taxes on the middle-class that has been buried the last four years. >> reporter: republicans called it a stunning admission that the middle-class has been hurt by the obama administration's policies. congressman paul ryan pounced. >> of course the middle-class has been buried, buried by regulations, buried by taxes, buried by borrowing, they're being buried by the obama administration's economic failures. >> biden later tried to dig himself out. >> the middle class was buried by the policies of romney and the ryan supported. >> reporter: except for debate prep, a politics-free day for contenders. romney had lunch at chipotle. president obama paid a visit to the hoover dam. both have spent hours in debate sessions and both have challenges. aide say the president is working on keeping his answers short to not sound like professor obama. in order to win over undecided voters, romney needs to appear relatable and offer specifics on his agenda. >> he has to find something more than just discussi
ABC
Oct 3, 2012 1:40am PDT
about romney's economic plans. >> how they can justify raising taxes on the middle class that has been buried the last four years. >> vice president biden just today said that the middle class over the last four years has been, quote, buried. we agree! that means we need to stop digging by electing mitt romney as the next president of the united states. >>> biden later tried to dig himself out of the mess by explaining that the middle class had been buried by policies supported by the republicans. trying to, yeah, dig himself out of that line. >> joe's always -- he's never dull. love him or hate him, he's always saying something interesting. and headline-worthy, interesting. everyone talking about the video released last night as well. conservative website dug up a video of the president speaking to an audience back in 2007. saying a racially polarizing, racially divisive speech, referenced jeremiah wright, the federal government's response to katrina, new orleans, seven years ago. so that could play a role in the d debait tonight. it may not. it's been the election so far, interesting
Search Results 0 to 6 of about 7 (some duplicates have been removed)